Showing 73 to 84 of 151 results
Financial and Tech Sectors Surge; Upcoming IPOs and Fannie Mae/Freddie Mac Uncertainty
CNBC's Stocks @ Night highlights significant gains in financial and technology sectors; Citigroup reached a new high, while several banks and chipmakers reported strong recent performance. However, other chipmakers experienced losses, and upcoming IPOs along with the situation around Fannie Mae and ...
Financial and Tech Sectors Surge; Upcoming IPOs and Fannie Mae/Freddie Mac Uncertainty
CNBC's Stocks @ Night highlights significant gains in financial and technology sectors; Citigroup reached a new high, while several banks and chipmakers reported strong recent performance. However, other chipmakers experienced losses, and upcoming IPOs along with the situation around Fannie Mae and ...
Progress
40% Bias Score
JPMorgan's Record Q4 Earnings Amidst Geopolitical Uncertainty
JPMorgan Chase reported a 50% surge in fourth-quarter net income to over \$14 billion, exceeding expectations, while Wells Fargo also saw a nearly 50% jump in net income; both banks' strong performance reflects a robust banking sector despite global uncertainty.
JPMorgan's Record Q4 Earnings Amidst Geopolitical Uncertainty
JPMorgan Chase reported a 50% surge in fourth-quarter net income to over \$14 billion, exceeding expectations, while Wells Fargo also saw a nearly 50% jump in net income; both banks' strong performance reflects a robust banking sector despite global uncertainty.
Progress
48% Bias Score
CFPB Sues Capital One for Allegedly Cheating Millions of Consumers Out of Billions in Interest
The CFPB is suing Capital One for allegedly defrauding millions of customers by failing to pay over \$2 billion in interest on its 360 Savings accounts between 2019 and mid-2024, while simultaneously offering a higher-yielding account, leading to a lawsuit seeking restitution for harmed consumers an...
CFPB Sues Capital One for Allegedly Cheating Millions of Consumers Out of Billions in Interest
The CFPB is suing Capital One for allegedly defrauding millions of customers by failing to pay over \$2 billion in interest on its 360 Savings accounts between 2019 and mid-2024, while simultaneously offering a higher-yielding account, leading to a lawsuit seeking restitution for harmed consumers an...
Progress
48% Bias Score
Wells Fargo Upgrades Three Midcap Banks, Forecasts Significant Share Price Gains
Wells Fargo analyst Timur Braziler upgraded Webster Financial, Banc of California, and Columbia Banking System to "overweight", predicting significant share price increases by 2025 based on expected earnings-per-share growth driven by factors such as improved profitability and loan growth, as well a...
Wells Fargo Upgrades Three Midcap Banks, Forecasts Significant Share Price Gains
Wells Fargo analyst Timur Braziler upgraded Webster Financial, Banc of California, and Columbia Banking System to "overweight", predicting significant share price increases by 2025 based on expected earnings-per-share growth driven by factors such as improved profitability and loan growth, as well a...
Progress
44% Bias Score
Major US Banks Exit Net-Zero Climate Alliance Ahead of Trump Presidency
Six of the world's largest banks simultaneously withdrew from the Net-Zero Banking Alliance (NZBA) in December 2024, weeks before President-elect Trump's inauguration, citing a desire to pursue emission reduction independently despite concerns about potential political backlash.
Major US Banks Exit Net-Zero Climate Alliance Ahead of Trump Presidency
Six of the world's largest banks simultaneously withdrew from the Net-Zero Banking Alliance (NZBA) in December 2024, weeks before President-elect Trump's inauguration, citing a desire to pursue emission reduction independently despite concerns about potential political backlash.
Progress
48% Bias Score
Bank ETFs Suffer Longest Losing Streaks Since 2015; Quantum Stocks Plummet
CNBC reports that the SPDR S&P Regional Banking ETF (KRE) is down 14% from its November high, marking its longest seven-week losing streak since 2015, while the SPDR S&P Bank ETF (KBE) is experiencing its sixth consecutive weekly loss; furthermore, several quantum computing stocks experienced signif...
Bank ETFs Suffer Longest Losing Streaks Since 2015; Quantum Stocks Plummet
CNBC reports that the SPDR S&P Regional Banking ETF (KRE) is down 14% from its November high, marking its longest seven-week losing streak since 2015, while the SPDR S&P Bank ETF (KBE) is experiencing its sixth consecutive weekly loss; furthermore, several quantum computing stocks experienced signif...
Progress
40% Bias Score
JPMorgan Chase Reports Record Profit Despite Q4 NII Decline
JPMorgan Chase's 2024 annual profit hit a record \$58.5 billion, up 18 percent, due to strong investment banking and trading, despite a 3 percent Q4 net interest income decline to \$23.5 billion; the bank projects \$94 billion in NII for 2025.
JPMorgan Chase Reports Record Profit Despite Q4 NII Decline
JPMorgan Chase's 2024 annual profit hit a record \$58.5 billion, up 18 percent, due to strong investment banking and trading, despite a 3 percent Q4 net interest income decline to \$23.5 billion; the bank projects \$94 billion in NII for 2025.
Progress
40% Bias Score
New Frankfurt Skyscraper Reflects Banking Real Estate Shift
A new Frankfurt skyscraper, designed by Jürgen Engel and slated for completion in 2028, will partially house the Museum der Weltkulturen; office space remains unleased, reflecting Commerzbank's downsizing amid broader industry trends toward central, modern offices.
New Frankfurt Skyscraper Reflects Banking Real Estate Shift
A new Frankfurt skyscraper, designed by Jürgen Engel and slated for completion in 2028, will partially house the Museum der Weltkulturen; office space remains unleased, reflecting Commerzbank's downsizing amid broader industry trends toward central, modern offices.
Progress
36% Bias Score
Strong Q4 Earnings Expected for Citigroup and US Bancorp
Wall Street analysts predict strong Q4 earnings for Citigroup and US Bancorp, with Citigroup's stock projected to double in three years due to internal restructuring and US Bancorp expected to rebound from recent underperformance, driven by rising net interest income and improved operating leverage.
Strong Q4 Earnings Expected for Citigroup and US Bancorp
Wall Street analysts predict strong Q4 earnings for Citigroup and US Bancorp, with Citigroup's stock projected to double in three years due to internal restructuring and US Bancorp expected to rebound from recent underperformance, driven by rising net interest income and improved operating leverage.
Progress
40% Bias Score
Major Banks Lead Strong Start to 2025 Earnings Season
The 2025 corporate earnings season begins this week, with major U.S. banks like JPMorgan Chase, Goldman Sachs, and Wells Fargo, alongside UnitedHealth, set to report fourth-quarter results; analysts predict nearly 12% year-over-year earnings growth, potentially the strongest since 2021.
Major Banks Lead Strong Start to 2025 Earnings Season
The 2025 corporate earnings season begins this week, with major U.S. banks like JPMorgan Chase, Goldman Sachs, and Wells Fargo, alongside UnitedHealth, set to report fourth-quarter results; analysts predict nearly 12% year-over-year earnings growth, potentially the strongest since 2021.
Progress
28% Bias Score
RBC Launches First Bank-Wide Generative AI Platform in Canada
Royal Bank of Canada (RBC) partnered with Cohere Inc. to create \"North for Banking\", a generative AI platform enhancing employee efficiency and addressing customer needs securely using RBC's internal infrastructure, a first for a Canadian bank.
RBC Launches First Bank-Wide Generative AI Platform in Canada
Royal Bank of Canada (RBC) partnered with Cohere Inc. to create \"North for Banking\", a generative AI platform enhancing employee efficiency and addressing customer needs securely using RBC's internal infrastructure, a first for a Canadian bank.
Progress
40% Bias Score
Fed's Slower Rate Cut Pace Creates Attractive Yields for Savers
The Federal Reserve's December meeting minutes indicate a slower approach to interest rate cuts in 2025, resulting in attractive yields on bank CDs (4.1%-4.25%) and high-yield savings accounts (4.5%-4.75%) for savers, despite some banks preemptively lowering rates.
Fed's Slower Rate Cut Pace Creates Attractive Yields for Savers
The Federal Reserve's December meeting minutes indicate a slower approach to interest rate cuts in 2025, resulting in attractive yields on bank CDs (4.1%-4.25%) and high-yield savings accounts (4.5%-4.75%) for savers, despite some banks preemptively lowering rates.
Progress
36% Bias Score
Showing 73 to 84 of 151 results